LR199

Nebraska LR199 proposes an interim study to investigate causes of rising homeowner's insurance premiums and explore policy options.

Nebraska LR199 proposes an interim study to examine the causes of recent increases in homeowner's insurance premiums. The study will analyze the Nebraska insurance market, examine policy types, and consider legislative actions from other states. It will also explore policy options to encourage storm-resistant materials, review contractor assignments, and assess the impact of judicial cases and insurance fraud. The Banking, Commerce and Insurance Committee will report findings and recommendations to the Legislative Council or Legislature.